Home business opportunities are virtually everywhere you look online. And the promoters of every home based business opportunity often claim that the opportunity they promote is best business opportunity to become listed on. This often makes it difficult for newbies to start a new business help make the right choice, the choice that best suit their situation. This article takes a look at the four broad categories of home business opportunities in order to identify the choice that suit your circumstances and therefore make informed choice.
The four broad types of work from home business opportunities are:
1. Opportunities that involve building an information rich web site from scratch and thereafter monetizing the resulting traffic
2. Opportunities that involve joining affiliate programs that offer unique affiliate links for promoting the affiliate service or product
3. Opportunities that involve joining a network marketing home based business opportunity offering free distributor web site to members and
4. Opportunities that involve getting paid a set amount for completing a couple of tasks online
Let’s take a closer look at each option above.
The first online business opportunity involves building your dream web business from scratch.
The right process requires one to do the following:
identify your passion
brainstorm topics that fall inside your passion or interest using appropriate brainstorming software
identify a profitable niche that matches your passion or interest
Assemble low competition keywords that define your niche
Draw up a niche site blueprint
Design your web site
Write content for your internet site using the low competition keywords brainstormed earlier
Promote your online site massively online
Add income generating streams to your online site
Cash your cash month after month
If you conclude that the above process is tedious and frustrating, you’re probably right.
It is because it’s business… it’s online business. And online business does take time, effort, and creativity just like offline does.
The second home business opportunity mentioned previously is affiliate program marketing. With this particular type of web business, you join the affiliate program of your choice and promote the affiliate links you’re given utilizing a blend of internet marketing techniques. Some online marketing techniques will produce more results than others. So, you must track your sales promotion efforts or campaigns to determine what realy works and what doesn’t for the specific affiliate program you promote. Then drop campaigns that don’t work and do more of what works.
The third category of work from home business opportunities are MLM home based business opportunities that offer members free distributor internet sites to promote the MLM business opportunity. As with the affiliate program model, members of this type of MLM business opportunity promote their member web site url and register new team members using the tools on the member site they were given.